Lake Wales Considers Penn Credit Collection Services Contract
City of Lake WalesCity · Lake Wales, FL- Disclosed value
- 25% contingency commission for primary placements
- From agendapacket
- Document date
- Nov 3, 2026
The 30-second brief
Lake Wales is considering a continuing collection-services contract with Penn Credit Corporation for delinquent utility accounts and other eligible debts. Penn Credit would receive a 25% contingency commission for primary placements, with termination requiring 60 days' notice.
Penn Credit Corporation holds this professional services contract with City of Lake Wales. Its other public contracts on record include work for Foothill Transportation Corridor Agency.
Term as filed: Continuing until terminated by either party; 60 days' written notice required.
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Contract details
- Contract type
- Professional Services
- Amount
- 25% contingency commission for primary placements
- Document date
- November 3, 2026
- Term
- Continuing until terminated by either party; 60 days' written notice required
- Vendor
- Penn Credit Corporation
- Agency
- City of Lake Wales
- Source document
- City of Lake Wales AgendaPacket Regular Meeting November 3, 2026 (AgendaPacket)
Penn Credit Corporation's other public contracts
More City of Lake Wales contracts
Questions about this contract
Who was awarded the professional services contract by City of Lake Wales?
Penn Credit Corporation was awarded this professional services contract by City of Lake Wales, as recorded on November 3, 2026. The contract value is 25% contingency commission for primary placements.
How much is the Penn Credit Corporation contract with City of Lake Wales worth?
The Penn Credit Corporation contract with City of Lake Wales is valued at 25% contingency commission for primary placements, covering professional services work.
What type of contract is this?
This is a Professional Services contract, documented as a agendapacket record.
Where was this contract approved?
This contract appears in City of Lake Wales AgendaPacket Regular Meeting November 3, 2026 (AgendaPacket), dated November 3, 2026 from City of Lake Wales. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Penn Credit Corporation hold?
Penn Credit Corporation may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
What is City of Lake Wales currently buying?
Explore City of Lake Wales's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.